Hi all, would appreciate some honest opinions here🥸
I’ve also already paid a booking fee of RM500 for this current unit, so I’m trying to make sure I’m making the right decision before proceeding further.
I’m considering buying my first property at M Terra (Puchong) and want a reality check.
I had some concerns about the overall living environment and long-term community quality, especially in terms of maintenance, surroundings, and future livability.
About me:
- 26M, recently married and only me and wife
- Current salary ~RM4k → moving to ~RM5.4k
- Living with in-laws (My current commitments are relatively low, and there is no pressure from my in-laws to move out, as they are quite supportive.)
- No other loans or any debt
Property details:
M Terra by Mah Sing
- Type B – 775 sqft (2R2B 1 carpark, quite okay for me and my wife)
- Price: ~RM341k
- Loan: 100%
- Monthly instalment: ~RM1500
- Maintenance: ~RM200
- Bills: ~RM300
👉 Total monthly commitment: ~RM2000
⚠️** Key point**:
- Expected completion: 2028 Q3/Q4 (under construction)
Project highlights:
🚝 ~500m walk to LRT (got free shuttle provided for the residences)
📍 Puchong
🚗 Access via LDP, ELITE, SKVE
🏢 Full condo facilities, 39-storey, 999units
My thoughts / concerns:
Affordability (future)
- By 2028, I’ll be ~28–29.
- Assuming some salary growth, this commitment may feel lighter but is that too optimistic?
Risk timing
- I’m changing job now, but payments only start later (progressive).
- Is this actually safer than buying completed property?
Market risk
- Buying now but only getting the unit in 2–3 years risk of:
- oversupply?
- price stagnation?
Rental potential
- 775 sqft near LRT still good demand by 2028?
Why I’m looking now
- I’ve been eyeing to buy a house for a few months already.
- I’m trying to search before June because I want to secure a unit earlier if possible.
- If I wait too long, I may need to build up my salary documents under my new job (plus my new job also is a contract job), and that could affect my loan submission since I will have a new salary slip.
Why I’m considering:
- Entry price seems decent for KV
- LRT walking distance (have free shuttle to LRT)
- Not outskirt KV, nearby PJ, KL, Shah Alam
- Can plan ahead (not rushing to move in immediately, target move in 2028)
TL;DR:
26M, salary going to ~RM5.4k, considering RM341k property (~RM2k/month) but only completing in 2028.
👉 Is buying now for future completion a smart move or risky timing?
Appreciate any thoughts, especially from those who bought under-construction projects 🙏
EDITTED
Thanks everyone for the honest feedback. I’m not rushing into it, just doing early research because I’m planning ahead for future family needs, maybe up to 2 kids. Also, the agent mentioned I could use employer EPF contribution to offset the monthly instalment, but I checked with EPF directly this morning and they confirmed it doesn’t work that way. So I’m being extra cautious and only relying on verified info before deciding.